Can't say anyone was expecting this but wow, $MRNA was moving like a memecoin today. $37k in 75 Strike OTM Calls were bought on Monday. Just 2 days later, these contracts are up 4497% and now worth $1.7M.
An $8.91M $CRWV Call was bought on July 29th. In the past 2 weeks $CRWV has rallied and had a fantastic earnings report yesterday. These contracts are now up 236%, meaning they are now worth $30M just 2 weeks later.
$294k $PYPL Calls were bought on Monday, the day before it was announced that Stripe would acquire the company. These were weekly expiry Calls, 5% OTM. The next day, these contracts went up 3000% on average, which is $294k to $9.2M. Coincidence?
A $451k $IBM Put was bought yesterday ahead of the massive dip... and it was 9% OTM. Today IBM dropped 25% and this Put shot up 581%, these Put contracts are now worth $3M in just 1 day.
$56M $MU Calls bought on March 31st are now up around +1700%. These contracts are still being held. $56M to $1 Billion. Easily the craziest trade I've seen